Even with the slowdown in the real estate market, the high-end (over $1 million) seems to be remaining pretty steady overall.In the past year or so, I have closed over a dozen loans in the high-end luxury market. They have ranged from $1,000,000 to $5,250,00 in Nevada, California, and Utah. Mo
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02/14/2008
I have done a lot of loans over a lot of years. I pride myself in making the often-complicated loan process one of ease, simplicity and understanding. I have built my business this way.However, I have never heard the question I heard today. At first I was just surprised. As the day went I wa
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01/30/2008
Interest rates are at a four-year low. As a result, my phone has been blowing up for the past week with people looking to refinance.A nice woman named Phyllis called me this week to refinance. She has a 5 year adjustable rate mortgage at 6.500% that is scheduled to reset in the next month and
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01/26/2008
The company where I work recently had an incredible real estate auction here in Las Vegas. Over 200 bank-owned properties were sold. Thousands of home buyers attended to bid over two days. Some even had to watch the auction from a big-screen television in the next room....it was that crowded.
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01/14/2008
A lot of my business comes from previous clients who have the trust and confidence in me to refer me. A good percentage of these referrals come from real estate agents. Some of these agents have trusted me month-after-month for years. I am very appreciative of these relationships. As a resul
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01/06/2008
I am an optimist. My friends and associates will tell you it's my greatest strength. When things are at their darkest, I am the most positive. My closest friends will tell you it's also my greatest fault. When things are at their darkest, I am usually the last one to see the inevitable.2007
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12/05/2007
I bought my first house at the age of 23 in the late 80's. I was just out of college, struggling to make ends meet, and soon to be married. It was an American West home in a new area of Vegas. 2,100 sq. ft. $134,000We had one restaurant within five miles of us. The food was average, at best
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11/08/2007
I recently saw a report that showed that here in Las Vegas, we have over 31,000 houses for sale. This is a lot of homes for us. In fact, its a record. I also saw that 44% of these are vacant. Thats over 13,000 vacant homes. That is a lot as well.I live in a very popular master-planned comm
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10/17/2007
One of my favorite agents that I work with is Harry. Harry is a 20 year real estate veteran. Now I don't think Harry has ever done a lot of volume but you can tell he is a guy who is very serious about his business. You know a Harry. Harry knows every line in every disclosure and contract
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10/11/2007
I work very closely each day with real estate agents. A lot of my business comes from agents. So, as you can imagine, I get at least two calls a day like this..."Aaron, can I get a loan status on (client's name here)?"Now, I must say that I am very diligent in the loan application process as a
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10/09/2007
